Scheming Your Social Security Down the Drain

[kerrygoddess]

Scheming Your Social Security Down the Drain, What Privatization Could Mean to You

The concerns over the Bush administration’s scheme to privatize Social Security grow daily. Just yesterday, puppet master Cheney was out stumping on the misguided fear-mongering notion that Social Security is in a crisis. In his warped view, he tries to sell the concept that privatization would actually help low-income wage-earners.

"Many low-income workers who have nothing to spare after taxes would have a chance to begin saving for their later years," he said at The Catholic University of America.

However, this statement from Cheney seems to contradict a speech given by Bush the previous day:

The idea that Social Security personal retirement accounts would help lift the poor was a new argument for the administration. There was no mention of it at a lengthy White House briefing for reporters on Social Security changes a month ago. In a Social Security speech on Wednesday, Bush did not make such a case.

Cheney’s claim does appear to be an erroneous outlook. To show the effects that privatization could have on low-income workers, I have put together a series of views from various committees, think tanks, and columnists. Read closely, because if you have any concerns about what this could mean to you, there are some answers provided here.

http://www.lightupthedarkness.org/blog/default.asp?view=plink&id=228

[mslux]

1. Don't Iraq Social Security

"Framing" with new verb!

[kerrygoddess]

2. Love the verbage...

We can get the hell out of Iraq and Bushco can keep their slimy hands off our SS.